Inactive Instrument

Kværner ASA

Equities

KVAER

NO0010605371

Kværner Asa Reports Earnings Results for the First Quarter Ended March 31, 2020

April 27, 2020 at 01:00 am EDT

Kværner ASA announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was NOK 2,134 million compared to NOK 2,119 million a year ago. Net loss was NOK 123 million compared to net income of NOK 54 million a year ago. Basic loss per share from continuing operations was NOK 0.47 compared to basic earnings per share from continuing operations of NOK 0.21 a year ago. Basic loss per share was NOK 0.46 compared to basic earnings per share of NOK 0.2 a year ago.

Latest news about Kværner ASA

Kværner ASA(OB:KVAER) dropped from S&P Global BMI Index	20-11-16	CI
Aker Solutions ASA (OB:AKSO) completed the acquisition of Kværner ASA (OB:KVAER).	20-11-09	CI
Aker Solutions and Kværner Plan for Merger	20-11-05	CI
Transcript : Kværner ASA, Q3 2020 Earnings Call, Oct 28, 2020	20-10-28
Aker Carbon Capture : group's billionaire owner eyes less dependence on oil	20-09-16	RE
Aker : Norway's Aker Solutions announces merger with Kvaerner, new CEO	20-07-17	RE
Transcript : Kværner ASA, Aker Solutions ASA - M&A Call	20-07-17
Aker : Norway's Aker Solutions announces merger with Kvaerner, new CEO	20-07-17	RE
Kværner ASA Announces the Resignation of Idar Eikrem as Chief Financial Officer, Effective August 1, 2020	20-07-17	CI
Kværner and Aker Solutions Join Forces to Create A New Supplier Company and Announces Appointments to New Company	20-07-17	CI
Aker Solutions ASA (OB:AKSO) agreed to acquire Kværner ASA (OB:KVAER) for NOK 2.2 billion in a merger of equals transaction.	20-07-16	CI
Transcript : Kværner ASA, Q2 2020 Earnings Call, Jul 09, 2020	20-07-09
Kværner Asa Reports Earnings Results for the Second Quarter Ended June 30, 2020	20-07-09	CI
Kværner ASA (OB:KVAER) completed the acquisition of remaining 34% stake in from Selvaag Bolig ASA (OB:SBO).	20-07-08	CI
Kværner ASA Provides Earnings Guidance for the Second Quarter and Full Year 2020	20-07-06	CI
Kværner Receives Contract to Dismantle and Recycle Three Large Topsides, Three Jackets and Four Bridges from the Valhall and Hod Fields	20-06-30	CI
Kværner : Norway's Hod oilfield revamp to cost $596 million, Aker BP says	20-06-24	RE
Kværner : Aker BP revives Hod oil project after Norway tax incentive	20-06-09	RE
Kvaerner Wins Contract for HOD	20-06-09	CI
Norway parliament grants more tax relief to oil sector	20-06-08	RE
Transcript : Kværner ASA, Q1 2020 Earnings Call, Apr 27, 2020	20-04-27
Kværner Asa Reports Earnings Results for the First Quarter Ended March 31, 2020	20-04-27	CI
Kværner ASA Approves Committee Changes	20-03-24	CI
Kværner ASA Approves Dividend for the Year 2019, Payable on or About 9 April 2020	20-03-19	CI
Kværner ASA Approves Committee Changes	20-03-19	CI

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Company Profile

Kvaerner ASA is a Norway-based engineering, procurement and construction (EPC) company. It provides technologies and products for offshore topsides, floating oil and gas facilities, substructures and complete onshore plants. Its business is divided into two segments: Upstream, and Downstream and Industrials. Upstream segment is divided into four business areas: North Sea, delivering topsides, floaters and onshore upstream facilities; Jackets, delivering steel jackets for oil and gas installations and wind jackets; Concrete Solutions, delivering concrete substructures, and International, delivering topsides, floaters and onshore facilities. Downstream & Industrials segment consists of a business area Engineering & Construction (E&C) Americas and is a contractor for onshore facilities, power plants and steel mills. In December 2013, the Company's subsidiaries divested Kvaerner North American Construction Ltd. and assets of Kvaerner North American Construction Inc. to Matrix Service Co.

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